After Israel and Iran went to war, Solana fell from $160 to $140 due to strong short-term bearish pressure.
In just one year, the number of monthly active users increased from 20 million to 134.73 million, indicating robust network expansion despite continuous market fluctuations.
Market experts predict that a breakout above $168.80 or a dip below $134.00 will define Solana's next big directional move.
Concerns about short-term bearish momentum have been raised by Solana's price behavior breaking down from recent highs. Despite market uncertainties, a rise in monthly active users points to a strengthening underlying base.
Solana (SOL) has shown notable weakness after failing to hold its anchored VWAP and breaking below short-term support levels. The altcoin currently trades near $144, struggling to regain bullish footing after rejecting the $168.80 high. Market participants are watching closely for directional confirmation between $138.40 support and $162.00 resistance.
As we can see from the post above, Crypto Bully has presented a detailed analysis of Solana’s latest price structure. Solana’s recent rejection from the $168.80 swing high triggered a fast drop toward $138.40. This decline intensified two days ago following the outbreak of war between Israel and Iran, which sparked widespread market fear.
According to the analyst, Solana tumbled sharply from around $160 to $140 amid the geopolitical turmoil. The coin now consolidates under pressure, with short-term moving averages turning into dynamic resistance. A confirmed breakdown below $138.40 could accelerate losses to $134.00, marking a fresh lower low in the bearish sequence.
Taking this idea to the next level uncovers how volatility has widened, signaling unstable trading conditions. The expert suggests that unless bulls reclaim $162.00–$168.00 soon, the bearish bias remains firmly in control. A more striking observation is the repeated failure to hold above that resistance range, hinting at liquidity traps for longs.
User Metrics Paint a Bullish Foundation
Looking at it from another perspective reveals that Solana’s fundamentals are gaining strength even as the technical picture weakens. Monthly active user data from May 2024 to May 2025 shows impressive growth momentum.
Source: DeFi Dev Corp
This second report has provided insights showing that user count surged from under 20 million to 134.73 million in one year. After peaking at 155 million in November 2024, usage declined into Q1 2025 but is now steadily rebounding. This bounce reflects a 35% recovery, suggesting renewed confidence in Solana’s ecosystem.
Moreover, there’s the aspect of engagement stability, as activity remained elevated despite price volatility and broader market risks. This highlights strong platform utility, which may eventually anchor price recovery once external pressures ease.
Final Outlook: What Analysts Say About Solana’s Next Move
Yet, there’s more to address before concluding Solana’s direction in the short term. On one hand, technical signals continue flashing caution, with downside triggers waiting just below $138.40. On the other hand, surging user activity highlights a bullish undertone that cannot be ignored.
The analysts maintain that a decisive breakout beyond $168.80 or a clear breakdown under $134.00 will determine Solana’s next major move. Experts agree that this is a pivotal range that will define near-term volatility. As Solana straddles the line between bearish structure and bullish fundamentals, compounded by geopolitical risk, traders remain on high alert for the next impulse.
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Solana Falls to $140 After Israel-Iran War, but User Growth Rebounds 35%: Here’s Why It Matters
After Israel and Iran went to war, Solana fell from $160 to $140 due to strong short-term bearish pressure.
In just one year, the number of monthly active users increased from 20 million to 134.73 million, indicating robust network expansion despite continuous market fluctuations.
Market experts predict that a breakout above $168.80 or a dip below $134.00 will define Solana's next big directional move.
Concerns about short-term bearish momentum have been raised by Solana's price behavior breaking down from recent highs. Despite market uncertainties, a rise in monthly active users points to a strengthening underlying base.
Technical Outlook: Bearish Breakdown Challenges Bulls
Solana (SOL) has shown notable weakness after failing to hold its anchored VWAP and breaking below short-term support levels. The altcoin currently trades near $144, struggling to regain bullish footing after rejecting the $168.80 high. Market participants are watching closely for directional confirmation between $138.40 support and $162.00 resistance.
As we can see from the post above, Crypto Bully has presented a detailed analysis of Solana’s latest price structure. Solana’s recent rejection from the $168.80 swing high triggered a fast drop toward $138.40. This decline intensified two days ago following the outbreak of war between Israel and Iran, which sparked widespread market fear.
According to the analyst, Solana tumbled sharply from around $160 to $140 amid the geopolitical turmoil. The coin now consolidates under pressure, with short-term moving averages turning into dynamic resistance. A confirmed breakdown below $138.40 could accelerate losses to $134.00, marking a fresh lower low in the bearish sequence.
Taking this idea to the next level uncovers how volatility has widened, signaling unstable trading conditions. The expert suggests that unless bulls reclaim $162.00–$168.00 soon, the bearish bias remains firmly in control. A more striking observation is the repeated failure to hold above that resistance range, hinting at liquidity traps for longs.
User Metrics Paint a Bullish Foundation
Looking at it from another perspective reveals that Solana’s fundamentals are gaining strength even as the technical picture weakens. Monthly active user data from May 2024 to May 2025 shows impressive growth momentum.
Source: DeFi Dev Corp
This second report has provided insights showing that user count surged from under 20 million to 134.73 million in one year. After peaking at 155 million in November 2024, usage declined into Q1 2025 but is now steadily rebounding. This bounce reflects a 35% recovery, suggesting renewed confidence in Solana’s ecosystem.
Moreover, there’s the aspect of engagement stability, as activity remained elevated despite price volatility and broader market risks. This highlights strong platform utility, which may eventually anchor price recovery once external pressures ease.
Final Outlook: What Analysts Say About Solana’s Next Move
Yet, there’s more to address before concluding Solana’s direction in the short term. On one hand, technical signals continue flashing caution, with downside triggers waiting just below $138.40. On the other hand, surging user activity highlights a bullish undertone that cannot be ignored.
The analysts maintain that a decisive breakout beyond $168.80 or a clear breakdown under $134.00 will determine Solana’s next major move. Experts agree that this is a pivotal range that will define near-term volatility. As Solana straddles the line between bearish structure and bullish fundamentals, compounded by geopolitical risk, traders remain on high alert for the next impulse.